HXL · XBRL financial data

Hexcel financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (HXL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	1,502	1,325	1,578	1,789	1,903	1,894
Cost of goods and services sold	1,263	1,075	1,221	1,356	1,433	1,459
Gross profit	240	250	357	433	470	435
Research and development	47	45	46	53	57	56
Selling, general and administrative	121	135	148	164	177	169
Other operating income (expense)	(58)	(18)	12	(1)	(50)	(38)
Operating income (loss)	14	52	175	215	186	172
Interest expense	42	38	36	34	31	38
Other income (expense)	—	(9)	11	(72)	0	1
Income tax expense (benefit)	(61)	6	32	12	23	26
Net income (loss)	—	—	—	106	132	109
Weighted average shares, basic millions of shares	84	84	84	85	82	80
Weighted average shares, diluted millions of shares	84	85	85	86	83	80

Fiscal years (HXL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	103	128	112	227	125	71
Accounts receivable	125	160	223	235	212	249
Inventory	214	246	319	334	356	329
Prepaid and other current assets	38	40	39	43	51	46
Total current assets	536	616	734	864	782	731
Property and equipment, net	1,874	1,746	1,658	1,679	1,597	1,612
Right-of-use asset	59	51	50	29	25	26
Goodwill	193	191	187	189	187	192
Total assets	2,918	2,819	2,837	2,919	2,726	2,704
Accounts payable	70	113	156	159	142	147
Accrued liabilities	65	73	83	75	99	93
Current portion of long-term debt	1	1	0	0	0	0
Total current liabilities	183	248	330	316	354	323
Long-term debt	926	822	723	699	701	993
Lease liability, non-current	47	40	39	22	19	19
Total liabilities	1,408	1,334	1,283	1,202	1,198	1,453
Retained earnings	1,996	2,013	2,105	2,169	2,252	2,307
Total stockholders' equity	1,510	1,486	1,554	1,717	1,528	1,251
Total liabilities and equity	2,918	2,819	2,837	2,919	2,726	2,704
Common shares outstanding (cover page) millions of shares	84	84	84	84	81	76

Fiscal years (HXL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	—	—	—	106	132	109
Stock-based compensation	15	19	20	21	22	14
Depreciation and amortization	141	138	126	125	124	122
Net cash from operating activities	264	152	173	257	290	231
Purchases of property and equipment	51	28	76	108	87	73
Net cash from investing activities	(51)	(28)	(55)	(51)	(87)	(76)
Share repurchases	25	0	0	30	252	454
Dividends paid	14	0	34	42	49	54
Net cash from financing activities	(179)	(97)	(130)	(93)	(302)	(212)
Net change in cash	39	24	(16)	115	(102)	(54)

SIC 2821 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 2821 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Hexcel	78	496	74*	75.7M	—	Q3 FY26 10-QSep 30, 2026
Sealed Air	344	1,401*	294*	147.4M	—	Q4 FY25 10-KDec 31, 2025
Celanese	1,362	2,556	538*	109.8M	—	Q3 FY26 10-QSep 30, 2026
Avient	426	917	94*	91.7M	—	Q2 FY26 10-QJun 30, 2026
Albemarle	1,632	1,743	710*	118.0M	—	Q2 FY26 10-QJun 30, 2026
Eastman Chemical	768	2,385	290*	114.4M	—	Q3 FY26 10-QSep 30, 2026
PureCycle Technologies	165	4.5	(50)*	200.9M	4.5 quarters	Q2 FY26 10-QJun 30, 2026
DuPont de Nemours	1,652	1,868	410*	132.5M	—	Q3 FY26 10-QSep 30, 2026
Rogers	206	236	41*	17.8M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.